Stripe to Buy OpenRouter for $7B
Stripe has finalized a deal to acquire OpenRouter, a startup that lets companies switch between AI models, for over $7 billion. The acquisition comes months after OpenRouter raised money at a $1.3 billion valuation, highlighting the demand for cost-effective AI solutions. It also gives Stripe a stronger foothold in the AI sector.
The deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find the most cost-friendly AI solutions.